Miller grows Bermuda ILS team

Miller has announced the appointment of John Duda as head of ILS Development & Capital Management Products, as the firm continues to build out its capabilities in Bermuda and the ILS market. He joined the team on 1 June 2022.

Duda joins from Markel, where he led the retrocessional portfolio management team and was a key figure in the launch of Lodgepine Capital Management, Markel’s retrocessional ILS fund.

Prior to Markel, he was a portfolio manager for Logic Reinsurance in Toronto and held roles at Guy Carpenter, Benfield (then Aon Benfield) and Zurich Insurance Group.

In his new role, Duda will focus on developing Miller’s business in the Bermudian market.

The appointment follows the recent launch of its Bermuda platform in March 2021 and subsequent hires, including Charlie Simpson as head of Bermuda and Erik Manning as head of ILS.

Erik Manning commented: “John’s extensive experience in collateralised reinsurance and ILS fund management will transform Miller’s ability to service clients in Bermuda and around the world.”